Month: February 2019

February 18, 2019 – Pernix Therapeutics Holdings and 12 affiliated Debtors (NASDAQ: PTX, “Pernix” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 19-10329 [Docket No. 1]. The Company, a holding company that owns several subsidiaries, including specialty pharmaceutical companies, is represented by…

February 17, 2019 – Payless Holdings LLC and 25 affiliated Debtors (“Payless” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Eastern District of Missouri, lead case number 19-40833. The Company, an American footwear retailer selling quality shoes at affordable prices in a self-select environment, is represented by Richard…

February 15, 2019 – The Debtors filed a third Amended Chapter 11 Plan with a related redline [Docket No. 1251] showing changes to the Plan from the version filed on January 20, 2019 [Docket No. 1111]. The amended Plan incorporates the global settlement announced on the record at the Court hearing held on February 8,…

February 15, 2019 – The Debtors notified the Court hearing the Checkout Holding case that their Joint Prepackaged Chapter 11 Plan became effective as of February 15, 2019 [Docket No. 298]. The Court had previously confirmed the Plan on January 31, 2018 [Docket No. 266]. On December 12, 2018, Checkout Holding filed for Chapter 11…

February 17, 2019 – CFO Management Holdings, LLC (“CFOMH”) and 8 affiliated Debtors (each 100% owned CFOMH) by filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Easter District of Texas, lead case number 19-40426. The Company, a property developer in Texas, is represented by Joseph J. Wielebinski of Winstead PC. Further…

February 17, 2019 – CFO Management Holdings, LLC (“CFOMH”) and 8 affiliated Debtors (each 100% owned CFOMH) by filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Easter District of Texas, lead case number 19-40426. The Company, a property developer in Texas, is represented by Joseph J. Wielebinski of Winstead PC. Further…

February 17, 2019 – Immune Pharmaceuticals Inc (“Immune” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of New Jersey, case number 19-13273. The Company, a biopharmaceutical company developing therapeutic agents for the treatment of immunologic and inflammatory diseases, is represented by Morris S. Bauer of Norris McLaughlin…

February 15, 2019 – Aradigm Corporation (OTCQB: ARDM, “Aradigm” or the “Company”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Northern District of California, lead case number 19-40363. The Company, a specialty pharmaceutical company focused on drugs for the prevention and treatment of severe respiratory diseases, is represented by Bennett G….

February 14, 2019 – The Debtors notified the Court hearing the Samuels Jewelers case that further to their bid procedures order [Docket No. 359] and having received only one qualified bid in respect of the sale of substantially all of the Debtors’ assets, the planned auction in respect of those assets had been cancelled. The…

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